First National Bankers Bank taps KlariVis to offer data analytic solutions

US-based First National Bankers Bank (FNBB) has partnered with KlariVis to deliver cloud-based data analytics platform.

The technology vendor said that its actionable data will offer the bank timely insights into factors that drive loan, deposit, and revenue growth.

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It will also give the bank transparency into the results of sales and marketing efforts,  thereby increasing its ability to better cross-sell products.

The partnership will expand KlariVis’ footprint in the southeast part of the US.

KlariVis founder and CEO Kim Snyder said: “Just like KlariVis, FNBB was created by community bankers for community bankers.

“Their team has a direct understanding of the challenges community banks face regarding their inability to quickly and easily analyse their data to make decisions that drive revenue, manage risk, and streamline operations.

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Launched in 1983, First National Bankers Bank serves community banks across the southeastern united states. The bank has a value of $1.049bn in assets at the end of 2020.

FNBB president Pax Mogenson said: “The difference between KlariVis and all the other data analytics platforms on the market today is Kim Snyder and her team.

“They have the banking and technology experience and have developed an outstanding solution. FNBB has an established relationship with the KlariVis team and we are confident in the product they deliver.

“The biggest challenge facing community banks is not having the ability to see all of their data in one system. KlariVis integrates across systems and delivers valuable data in visual dashboards that are easy to use and digest, arming banks with the information they need to make decisions that will enhance the profitability of the bank.”